What is the reason that there are tax penalties associated with individuals taking withdrawals from their 401(k)

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What is the reason that there are tax penalties associated with individuals taking withdrawals from their 401(k) plans prior to age 59.5? What is the reason that there are tax penalties for NOT taking withdrawals prior to age 72?

Posted Date: May 18, 2024 07:14 PM

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What is the reason that there are tax penalties associated with individuals taking withdrawals from their 401(k)

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